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A stock's returns have the following distribution: Demand for the Company's Products Probability of this Demand Occurring Rate of Return if this Demand Occurs Weak

A stock's returns have the following distribution:

Demand for the Company's Products Probability of this Demand Occurring Rate of Return if this Demand Occurs
Weak 0.1 (24%)
Below average 0.1 (12)
Average 0.4 13
Above average 0.3 37
Strong 0.1 63
1.0

Assume the risk-free rate is 2%. Calculate the stock's expected return, standard deviation, coefficient of variation, and Sharpe ratio. Do not round intermediate calculations. Round your answers to two decimal places.

Stock's expected return: %

Standard deviation: %

Coefficient of variation:

Sharpe ratio:

Suppose you held a diversified portfolio consisting of a $7,500 investment in each of 20 different common stocks. The portfolio's beta is 1.05. Now suppose you decided to sell one of the stocks in your portfolio with a beta of 1.0 for $7,500 and use the proceeds to buy another stock with a beta of 0.60. What would your portfolio's new beta be? Do not round intermediate calculations. Round your answer to two decimal places.

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